My broker's pricing sheet says there is a "NSCC fee of $0.0055 per execution". Does this mean if I place an order of 100 shares and somehow get filled 100 times at 1 share a piece, I would be charged the 0.0055 100 times or only once?
I'm planning to trade thru a prop firm w/ Lime Brokerage That's just the NSCC fee, that doesnt include exchange fees, broker commision, or SEC section 31 fees, or FINRA trade activity fee
We do not offer prop. Lightspeed only offers customer accounts. Lightspeed does not charge customers a NSCC fee that I'm aware of. We charge SEC and FINRA.
Right, the prop firm is a customer of Lime. I confirmed Lime does charge an NSCC fee since its on the pricing sheet they sent me , I was just inquiring as to whether the fee is applied to every partial fill, or just once per the order I submit